Business Assistance, Department of; job retraining account program created within Department. (SB1473)

Introduced By

Sen. Louise Lucas (D-Portsmouth)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Department of Business Assistance; job retraining accounts; tax exemptions.  Allows an individual to open a job retraining account through the Department of Business Assistance. The account would be a trust or savings account administered by the Department and would be used by the individual for expenses related to job retraining. An individual's employer would be authorized to make matching contributions to the account and would be eligible for a tax deduction for the contributions to the extent that the contribution was included in the employer's federal taxable income. Read the Bill »


Bill Has Failed


01/21/2011Presented and ordered printed 11104039D
01/21/2011Referred to Committee on Finance
01/27/2011Impact statement from DPB (SB1473)
02/02/2011Reported from Finance with substitute (14-Y 0-N) (see vote tally)
02/02/2011Committee substitute printed 11104917D-S1
02/03/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/04/2011Read second time
02/04/2011Reading of substitute waived
02/04/2011Committee substitute agreed to 11104917D-S1
02/04/2011Engrossed by Senate - committee substitute SB1473S1
02/07/2011Read third time and passed Senate (39-Y 0-N) (see vote tally)
02/07/2011Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/07/2011Passed Senate (40-Y 0-N) (see vote tally)
02/08/2011Placed on Calendar
02/08/2011Read first time
02/08/2011Referred to Committee on Finance
02/09/2011Assigned Finance sub: #3
02/10/2011Impact statement from DPB (SB1473S1)
02/14/2011Tabled in Finance (12-Y 10-N) (see vote tally)